Loraine, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Loraine, Illinois had a total population of 341, the 1045th largest village in Illinois, with a median household income of $58,750, which is 30% lower than the state average. The poverty rate is 8.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 9.8% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.4x.
Loraine Quick Facts
How Loraine Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 407 | 341 | -16.2% |
| Median household income | $56,855 | $58,750 | +3.3% |
| Median home value | $88,100 | $83,600 | -5.1% |
How Loraine Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Loraine Rankings in Illinois
Explore Illinois Rankings
Other Cities in Adams County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Quincy | 39,109 | $56,480 | 16.7% | $153,200 |
| Camp Point | 1,230 | $62,188 | 14.9% | $127,800 |
| Mendon | 1,167 | $65,781 | 15.7% | $111,600 |
| Payson | 1,100 | $60,478 | 12.4% | $132,000 |
| Ursa | 726 | $64,375 | 10.7% | $161,900 |
| Golden | 693 | $55,000 | 6.4% | $122,800 |
| Clayton | 602 | $66,136 | 12.7% | $91,500 |
| Liberty | 409 | $78,977 | 6.4% | $137,500 |
| Lima | 224 | $74,375 | 4.9% | $88,800 |
| Coatsburg | 209 | $63,750 | 6.2% | $81,700 |
Cities Similar to Loraine
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Armington | 343 | $62,083 | $93,300 | 16.3% | 25.9% |
| Alto Pass | 343 | $55,556 | $121,300 | 29.1% | 7.0% |
| Humboldt | 329 | $59,063 | $81,500 | 14.8% | 11.6% |
| Winslow | 338 | $55,156 | $111,800 | 9.2% | 27.8% |
| Weldon | 350 | $60,625 | $100,000 | 6.6% | 17.4% |
A note before these figures: with a population of 341, Loraine's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Loraine is a small community located in Illinois, within Adams County. The total population is 341. It ranks as the 1045th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Loraine is 49.8 years. This is 28% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Loraine is $58,750. This is 30% lower than the state median of $83,390. It is also 27% lower than the national median of $80,734. The poverty rate stands at 8.8%. This is 25% lower than the state poverty rate of 11.8%. The unemployment rate is 5.5%. This is 6% lower than the state rate of 5.8%. The median home value is $83,600. Housing costs are 68% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.4x, Loraine is one of the most affordable housing markets in the area. 82.8% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 67.1%.
Race & Ethnicity
Loraine has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Black or African American residents account for 2.4%. The White (non-Hispanic) population is significantly higher than the state average (94.4% vs 58.1%). The Black or African American population (2.4%) is well below the state average of 13.3%. The Hispanic or Latino population (1.2%) is well below the state average of 18.8%.
Education
9.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.
Data Sources & Methodology
All demographic data for Loraine, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Loraine, Illinois?
Loraine, Illinois has a population of 341 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Loraine, IL?
The median household income in Loraine is $58,750, which is 27% lower than the national median of $80,734.
What is the poverty rate in Loraine, IL?
The poverty rate in Loraine is 8.8%. This means approximately 30 residents live below the federal poverty line.
What is the racial makeup of Loraine, Illinois?
Loraine's population is 94.4% White, 2.4% Black, 1.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Loraine, IL?
The median home value in Loraine is $83,600. The home-value-to-income ratio is 1.4x.
How educated is Loraine, Illinois?
9.8% of adults (25+) in Loraine hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.